Banks, Financial Services, Legislation, Lithuania

Pursuant to the Reorganization Terms, SEB Lizingas shall be reorganized by way of incorporation as specified in Part 3 of Article 2.97 of the Civil Code of the Republic of Lithuania.

SEB Lizingas, a company which shall terminate its economic activities after reorganization, shall be merged into SEB Bankas, a company which participates in reorganization and which shall continue its activities after reorganization.

Assets, rights and obligations of SEB Lizingas, including the rights and obligations under contracts, shall be transferred to SEB Bankas, and the contracts of SEB Lizingas will be reflected in accounting of SEB Bankas from the moment of signing of the transfer-acceptance deed of the assets, rights and obligations as established in the Reorganization Terms.

The Reorganization Terms and other documents related to reorganization are available on website www.seb.lt, or at SEB Bankas head office, and SEB Lizingas head office on working days.